222 W Wall St, Frostproof, FL 33843
3 beds · 3 baths · 2,701 sqft
DISCOVER THIS CHARMING 3 BED 3 BATH 2700 SQFT BRICK RANCH HOME IN NICE & PEACEFUL FROSTPROOF FLORIDA AN OLD FLORIDA TOWN BUT CLOSE TO ALL THE BIG CITY AMENITIES. THE RANCH HOME HAS A NEWER ROOF, UPGRADED DOUBLE PANE WINDOWS, GRANITE COUNTERTOPS, LOTS OF CABINETS, HUGE 18X14 ENSUITE MAIN BEDROOM WITH ENTRANCE TO ENCLOSED SCREEN ROOM WITH BEAUTIFUL 18X36 FT POOL. POOL HAS A NEW LINER AND RESTORED FIBERGLASS POOL STEPS. WONDERFUL BIG TILE FLOORS, SEPERATE INDOOR LAUNDRY ROOM MUDROOM/PANTRY AND TONS OF STORAGE.THERE IS PLENTY OF ROOM FOR ENTERTAINING AND GATHERINGS WITH A 16X12 DINING ROOM, 24X16 FAMILY ROOM 21X12 LIVING ROOM.THE KITCHEN IS 25X12 AND CONTAINS A GRANITE COUNTERTOP ISLAND, DISHWASHER, COMPACTOR AND LOTS OF UPPER AND LOWER CABINETS FOR ALL YOUR STORAGE NEEDS. THERE IS ALSO AN 8X11 OFFICE OR STUDY JUST OFF THE KITCHEN AREA.THE HOME WAS RECENTLY POWER WASHED AND THE EXTERIOR CONCRETE PAINTED. NEWLY SODDED YARD WITH UPGRADED IRRIGATION SYSTEM AND UPRGRADED PRIVATE IRRIGATION WELL. ATTACHED 2 CAR GARAGE WITH A PAVED DRIVEWAY, HUGE SEPERATE 24X24 WORKSHED/STORAGE BUILDING WITH PARTIAL BATHROOM HOME IS CONNECTED TO CITY WATER AND CITY SEWER. HOME IS SITUATED CLOSE TO DOWNTOWN AND LOCATED IN A GOLFCART APPROVED TOWN A SHORT DISTANCE TO THE 2 LARGE LAKES ON EITHER SIDE AS WELL AS P&J RECREATION AND THEIR WORLD FAMOUS "SLAWBURGERS", PUBLIC LIBRARY, NEW HEALTHCARE FACILITY AND PUBLIC PARK ARE JUST A FEW STEPS AWAY.
Source: STELLAR #k4902650
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #k4902650
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 30-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #k4902650
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.